January 30, 2023

Hendinburg allegations against the Adani Group

 The Hendinburg report made several allegations against the Adani Group, including:

  1. Environmental degradation: The report claimed that Adani's operations in India had caused widespread harm to the environment, including deforestation, illegal dredging, and pollution of rivers and coastlines.
  2. Labor exploitation: The report also alleged that Adani's businesses in India were involved in the exploitation of workers, with reports of low wages, dangerous working conditions, and the use of child labor.
  3. Political influence: The report claimed that Adani had used its financial and political power to influence the Indian government, including obtaining favorable regulations and tax breaks.
  4. Concerns about the Carmichael coal mine: The report raised concerns about the environmental impact of Adani's proposed Carmichael coal mine in Queensland, Australia, including potential harm to the Great Barrier Reef and impact on groundwater resources.

These allegations were based on The Guardian Australia's investigation and reporting, and have been the subject of ongoing public debate and controversy.